8.6
Spot Score
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Oracle Essbase offers custom pricing plan
Essbase, a multidimensional database tool, has garnered positive feedback over the last 12 months for its powerful analytical engine and user-friendly interface. Users appreciate the ease of slicing and dicing data for financial planning and forecasting purposes, emphasizing its ability to provide valuable insights into business operations. The customization ...Read more
Allows for rapid aggregation of data and easy integration with Excel, enhancing reporting capabilities.
Provides powerful calculation engine and flexibility in managing hierarchies, ensuring efficient financial analysis.
Offers intuitive interface and dynamic data access, simplifying ad hoc analysis for users.
Scalable and easy to integrate with other tools, enhancing data analysis and reporting efficiency.
Steep learning curve with various languages and functions to master, posing challenges for new users.
Limited ability to customize and handle exception situations, impacting data manipulation and management.
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AI
Administrator in Oil & Energy
06/11/18
Powerful engine, used at the right levels
What do you like best? very usable and easy to understand for users. I've used SAP and it's inredibly difficult to navigate What do you dislike? the best performance is when you limit the dimensionality and members but this can be good to focus the reporting group to a proper level (vs too detailed) What problems are you solving with the product? What benefits have you realized? we are running PL analytics for product and customer. We also push allocations
MH
Michael H
06/11/18
A Newbie's View
What do you like best? I like the speed and ease of use of Essbase. What do you dislike? Automation of certain Essbase functions can be a challenge. What problems are you solving with the product? What benefits have you realized? Essbase is the core of our accounting analytics. Essbase is the one source of truth for our company's financials.
AI
Administrator in Real Estate
06/11/18
Great experience with Essbase
What do you like best? I like how easy it is to slice and dice data in Excel. What do you dislike? Text data cannot be loaded into Essbase. What problems are you solving with the product? What benefits have you realized? Retrieving and analyzing financial data.
ES
Executive Sponsor in Hospital & Health Care
06/11/18
long term essbase experience
What do you like best? ease of use, ability to spin off multiple cubes for a variety of reporting needs What do you dislike? ease of building complex calculations in mdx What problems are you solving with the product? What benefits have you realized? consolidated financial reporting, quick analytics
ES
Executive Sponsor in Information Technology and Services
06/11/18
Essbase Madness
What do you like best? The simplicity and easy to use of the tool What do you dislike? That is not able to scale (active/passive dependant, no dataguard,e tc) What problems are you solving with the product? What benefits have you realized? The ability to make fast agregactions
AI
Administrator in Higher Education
06/11/18
Essbase for non-financial professionals
What do you like best? Essbase has a very user-friendly interface, and is full-featured. As an IT professional, it provides endless ways to optmize performance of your cubes and is a strong back-end to financial applications. What do you dislike? As with any IT application, Essbase can be tuned or mis-tuned, so understanding the idiosyncracies of the application is essential to it running smoothly. What problems are you solving with the product? What benefits have you realized? ...
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AI
Administrator in Biotechnology
06/11/18
Aggregation of data - Summarized views + Drill-down
What do you like best? Data organized in dimensions allows for top-level views but also capacity to drill down What do you dislike? Identifying source of performance issues What problems are you solving with the product? What benefits have you realized? Management reporting - calculation and aggregation of data
AI
Administrator in Insurance
06/11/18
Essbase Administrator
What do you like best? The flexibility and functionality of business rule calculation speed directly in Essbase. What do you dislike? The metadata refresh process. Having to clear data due to size of planning application What problems are you solving with the product? What benefits have you realized? Storage space is causing performance issues in our Planning application. Creating Essbase only applications to improve performance.
UI
User in Marketing and Advertising
06/11/18
good experience
What do you like best? i loke this app for financial reporting purposes What do you dislike? nothig, i really like all the new development What problems are you solving with the product? What benefits have you realized? alternate hierarchies are a great tool to overcome data issues
UI
User in Oil & Energy
06/11/18
Essbase user review
What do you like best? Essbase is fairly easy to use and understand once you use it for a little while. What do you dislike? Because essbase is fairly easy to use and customize it can lead to people creating custom scripts and data fields that are not utilized across the organization What problems are you solving with the product? What benefits have you realized? Essbase helped create reporting tools that were needed within the business.
Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].